About ClassBoat
ClassBoat is a company based in Pune (India) founded in 2015. ClassBoat has raised $217.37 thousand across 4 funding rounds from investors including EDUGILD, MiraiNxt and Bhanu Prasad. The company has 2 employees. ClassBoat operates in a competitive market with competitors including Coursera, upGrad, Udemy, MasterClass and Degreed, among others.
- Headquarter Pune, India
- Employees 2
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website classboat.com
- Social LinkedIn X Facebook
- Legal Name Classboat Online Services Private Limited
- Date of Incorporation 23 Nov, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.81 Cr
FY 2025 · +91% YoY
- Net Profit₹0.13 Cr
FY 2025 · 5% margin
- EBITDA₹0.16 Cr
FY 2025 · 6% margin
- Total Equity Funding$217.37K (USD)
in 4 rounds
- Latest Funding Round$62.53K (USD), Seed
Aug 2022
- InvestorsEDUGILD
& 12 more
- Employee Count2
Associated legal entities of ClassBoat
ClassBoat operates through Classboat Online Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Classboat Online Services Private Limited CIN U72900PN2015PTC157303 | Active | 23 Nov 2015 | Pune, Maharashtra | ₹2.8 Cr | 2 | 2 | View details |
Funding Insights of ClassBoat
ClassBoat has successfully raised a total of $217.37K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $62.53 thousand completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $217,370
- Total Rounds 4
- Last Round Seed — $62,530
- First Round $59,892
(Mar 2016)
- Investors Count 13
All 4 funding rounds of ClassBoat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $62,530 | Seed | – | Bhanu Prasad | |
| Sep 2017 | $72,588 | Angel Round | $4.37M | Nitin Kausadikar, Praveen Kawade | |
| Jul 2016 | $22,360 | Seed | $1.49M | EDUGILD | – |
| Mar 2016 | $59,892 | Angel Round | $••••• | Vinay Vishwanath Dange |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2017 | $4.37M | •••••••• |
| Jul 2016 | $1.49M | •••••••• |
Last known valuation $4.37M (Sep 2017). 13 investors in total: 2 institutional and 11 angel.
Investors in ClassBoat
ClassBoat has secured backing from 13 investors, including angel and venture fund investors. Prominent investors backing the company include EDUGILD, MiraiNxt and Bhanu Prasad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC backed Accelerator Firm | 2021 | mirainxt.com | Hyderabad, India | |
Startup accelerator focused on EdTech sector | 2015 | edugild.com | Pune, India | |
BP Bhanu Prasad | - | – | unknown_3edd72ac250e4b06a | - |
SR Srividya Reddy | - | – | unknown_27afd0ea0ea34af18 | - |
NK Nitin Kausadikar | - | – | unknown_e40c95522e1b427d9 | - |
PK Praveen Kawade | - | – | unknown_26bb6dd89dea40088 | - |
RV Rohit Vijay Hardikar | - | – | unknown_418ce56a9ec9420ba | - |
PA Pradnya Ajeetrao Solanke | - | – | unknown_f46ecac732424e6fa | - |
TM Tarak Mohan Jaware | - | – | unknown_8095dd2c35114dcfa | - |
VV Vinay Vishwanath Dange | - | – | unknown_9a2f0dd44eaa4c108 | - |
Investor details for ClassBoat
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Classboat Online Services Private Limited (ClassBoat)
Classboat Online Services Private Limited is the primary company behind ClassBoat. The board of Classboat Online Services Private Limited currently have 2 directors; the longest-serving is Chaitanya Devidas Salgarkar, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chaitanya Devidas Salgarkar DIN 07340590 | Director | 23 Nov 2015 | 10 yrs 10 mo | Classboat Online Services Private Limited |
| Renu Chaitanya Salgarkar DIN 07347820 | Director | 23 Nov 2015 | 10 yrs 10 mo | Classboat Online Services Private Limited |
Financials of ClassBoat
Figures of Classboat Online Services Private Limited, the primary company behind ClassBoat, for FY 2025. Revenue was ₹2.81 Cr (+91% year on year). Net profit was ₹0.13 Cr (5% margin). EBITDA was ₹0.16 Cr (6% margin). Revenue has grown at a compounded annual rate of +181% over three years and +6% over five years.
- ₹2.81 CrRevenue · FY 2025 · +91% YoY
- ₹0.13 CrNet profit · 5% margin
- ₹0.16 CrEBITDA · 6% margin
- ₹0.03 CrPaid-up capital
- 2Employees (provident fund records)
- +181%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Classboat Online Services Private Limited are on its company page.
Detailed financial statements for ClassBoat
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of ClassBoat
4 dated milestones of ClassBoat across 7 years, from founding to its latest funding, stage changes and deals.
- Founded ClassBoat is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $63K.
Competitors of ClassBoat
ClassBoat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coursera, upGrad, Udemy, MasterClass and Degreed, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coursera.org | 2012 | Mountain View, United States | $443.17M | 443 | An online platform for multi-course education is operated. | |
| upgrad.com | 2015 | Mumbai, India | $329.18M | 7,972 | Professional certification training courses are provided via an online platform. | |
| udemy.com | 2010 | San Francisco, United States | $273.59M | 883 | Online courses in diverse subjects are provided via a marketplace. | |
| masterclass.com | 2012 | San Francisco, United States | $461.4M | 623 | Online courses in creative fields are delivered by celebrity experts. | |
| degreed.com | 2012 | Pleasanton, United States | $367.07M | 392 | Cloud-based LMS platform tracks skills across industries. | |
| mygreatlearning.com | 2013 | Gurugram, India | – | 1,167 | Provides online learning programs for IT | |
| platzi.com | 2014 | San Francisco, United States | $78.5M | – | Online courses in web and app development | |
| edx.org | 2012 | Boston, United States | – | – | MOOCs are hosted by edX, a non-profit education platform. | |
| startse.com | 2014 | Sao Paulo, Brazil | $13.53M | – | App-based platform offering multi-disciplinary online courses | |
| alison.com | 2007 | Galway, Ireland | – | – | Free MOOCs in IT, languages, and business skills are offered. |
Detailed competitors of ClassBoat
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Classboat
Complete news archive for ClassBoat
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to ClassBoat
10 companies that operate in the same segment as ClassBoat (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 7,112 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 | |
An online platform for multi-course education is operated. | 2012 | Mountain View, California, United States | USD 443.17 M | USD 757.5 M | 1,260 | |
Online courses in creative fields are delivered by celebrity experts. | 2012 | San Francisco, California, United States | USD 461.4 M | – | 623 | |
Executive education programs from global universities are offered to professionals. | 2010 | Singapore, Singapore | USD 961.07 M | – | – | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about ClassBoat
ClassBoat was founded in 2015 and raised its 1st funding round 1 year after it was founded.
ClassBoat is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
ClassBoat is a funded company, having raised a total of $217.37K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $59.89K, raised on Mar 2016.
ClassBoat has 2 employees.
The primary company behind ClassBoat, Classboat Online Services Private Limited, reported revenue of ₹2.81 Cr for FY 2025, up 91% year on year.
ClassBoat was established in 2015 in Pune, India, within the edtech sector. An online platform is operated to facilitate course discovery and booking. Individual instructors are permitted to register and offer classes in diverse skills and hobbies, catering to various age groups. Users are enabled to explore, plan, and reserve learning activities through the service. Operations focus on connecting providers with participants via the domain classboat.com.
ClassBoat's top competitors include upGrad, Coursera and MasterClass.
The valuation of ClassBoat is $4.37M as of Sep 2017.
ClassBoat operates through Classboat Online Services Private Limited.
The legal entities of ClassBoat currently have 2 directors, including Chaitanya Devidas Salgarkar, Renu Chaitanya Salgarkar.